## Morocco: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice; and Statement by the Executive Director for Morocco

_IMF Staff Country Reports, September 16, 2008_

## Source details

**Canonical URL:** [Morocco: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice; and Statement by the Executive Director for Morocco](https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-2008-article-iv-consultation-staff-report-staff-statement-public-information-notice-22361)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/morocco-2008-article-iv-consultation-staff-report-staff-statement-public-information-notice-22361/index.md)
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## Bibliographic details
- Published: September 16, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451824810.002

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### Overview
- The 2008 Article IV Consultation discusses the economic growth for Morocco, which has made major progress to strengthen the economy’s resilience to shocks.
- Sound macroeconomic policies combined with sustained structural reforms and the opportunities provided by globalization have resulted in a gradual improvement in living standards.
- Executive Directors considered that Morocco’s universal subsidy scheme is the most important policy issue facing the authorities.

### Key findings
- Economic growth has strengthened Morocco’s resilience to shocks.
- Improvements in living standards have been gradual and associated with:
  - sound macroeconomic policies,
  - sustained structural reforms,
  - opportunities provided by globalization.

### Inflation and risks
- Executive Directors shared the authorities’ assessment of the main upside risks to inflation, including:
  - possible second-round effects from higher imported prices,
  - increased demand pressures.
- Keywords associated with inflation in the report: consumer price, nonfood inflation, year-on-year consumer price inflation.

### Policy issues and focus
- The universal subsidy scheme is identified as the most important policy issue facing the authorities.
- Subject coverage in the report includes: Credit, Current account, Economic sectors, External debt, Financial Sector, Inflation, Money, Prices, Public debt.

### Publication and metadata
- Publication date: September 16, 2008
- Pages: 51
- Volume: 2008
- Issue: 304
- Series: Country Report No. 2008/304
- DOI: https://doi.org/10.5089/9781451824810.002
- Stock No: 1MAREA2008001
- ISBN: 9781451824810
- ISSN: 1934-7685
- Also available in français

*International Monetary Fund. "Morocco: 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice; and Statement by the Executive Director for Morocco", September 16, 2008.*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-2008-article-iv-consultation-staff-report-staff-statement-public-information-notice-22361_